"PayPal's Q4 Earnings Beat Estimates, But Weak Guidance Disappoints Investors"
PayPal's Q4 2023 earnings call highlighted a 9% revenue growth on $410 billion in total payment volume, with a 19% increase in non-GAAP earnings per share. The company is focused on restructuring its leadership team, organizing around customer segments, and reducing its global workforce by approximately 9% to drive growth and efficiency. Strategic priorities for 2024 include accelerating growth in branded checkout, improving profitability, leveraging data, and operating more efficiently. The company aims to reshape itself for long-term success and has outlined five operating principles to guide its decisions.
